According to Binance it is backed 1:1 by a reserve of US Dollars and was founded by them in partnership with Paxos who is the issuer of the token. Many companies have started providing binance clone script for traders who are willing to start their crypto exchange platforms like the Binance website.

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Its BNB token is down almost 37% from 12 months ago, according to Nomics, and the exchange’s decision to stop charging fees for spot bitcoin trading as the market faltered cost it about $3 billion a year in lost revenue, Forbes calculates.
How to Store Bitcoin (BTC)?

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Professional bodies such as American Association of Family and Consumer Sciences and the American Council on Consumer Interests started to play an important role in developing this field from the 1950s to the 1970s.

BUSD was launched in September 2019 as part of a joint partnership between Binance and blockchain and finance company Paxos, headquartered in New York.
Despite the fact that as they have developed progressively well known this primary part of the business has experienced harsh criticism.